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Apr 24, 2013
04/13
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apple would be a $1,000 stock. talking about what they called apple's unmatched asthetics. september 2012, as apple hit that record high, the mean of the 54 analysts tracking the stock was a buy with a mean price target. of course, not everybody got it wrong. once the bubble pops it goes back down to the point at which it lifted off. the question remains why did so many on the street get this one so wrong? it proved much more successful than many thought google offered a product. and then changed the market and put apple in a poor position. also, kay says analysts have a hard time calling these turns. this is due to basic behavioral investing. >> it was almost exactly 24 hours ago when we saw how much a role social media was playing in the markets. and we saw how it can be very evil. we saw the dow jones go from a gain of 135 points to negative 12 in under a minute and a half. >> an ap twitter feed has been hacked and it says breaking. two explosions in the white house and barack obama is injured. >> immediately people started trying to confirm whether or not it was actuall
apple would be a $1,000 stock. talking about what they called apple's unmatched asthetics. september 2012, as apple hit that record high, the mean of the 54 analysts tracking the stock was a buy with a mean price target. of course, not everybody got it wrong. once the bubble pops it goes back down to the point at which it lifted off. the question remains why did so many on the street get this one so wrong? it proved much more successful than many thought google offered a product. and then...
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Apr 24, 2013
04/13
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KICU
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in today's first look: apple's relief rally. shares of apple raced above $400 after the close. the tech company topped earnings and revenue numbers. its sales forecast was weak, but apple will return $100 billion to shareholders. it's said to be the largest dividend play in the world. federal investigators look into a hack attack of the associated press' twitter account. a fake tweet of an explosion at the white house that injured the president set off a mini flash- crash in the market. the dow dropped 145 points in a matter of seconds. the dow bounced back to rally 152 points on the all-clear. gold is down 7 dollars, oil up 18 cents. and an outtage on the charles schwab website had day traders and others complaining on twitter. the company immediately acknowleged the trouble. today could get a little crazy for traders out there. joining us now is larry shover of sfg alternatives. great to have you on the show today. i want to start by talking about that big market plunge yesterday, with the dow falling 154 points. is that completely over, or is the market still on edge? - i th
in today's first look: apple's relief rally. shares of apple raced above $400 after the close. the tech company topped earnings and revenue numbers. its sales forecast was weak, but apple will return $100 billion to shareholders. it's said to be the largest dividend play in the world. federal investigators look into a hack attack of the associated press' twitter account. a fake tweet of an explosion at the white house that injured the president set off a mini flash- crash in the market. the dow...
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Apr 24, 2013
04/13
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. >> and then, how about apple? hovering around $400 a share, failing to impress shareholders with t earnings last night. but is wall street just overreacting to what is still a very profitable, strong company? >> tim cook admits, they are a mature technology company. doesn't make them a bad company, though, right? >> but does it make them valued at 700? >> that's the question. >> just how big a threat are the hacks like we saw at that fake ap tweet yesterday to the market's integrity. cfte commissioner bart shulton weighs in on that. he wrote an op-ed piece today and we'll get his comments, coming up. >> the dow jones industrial average down just a fraction. been a negative day all day, but we are off of the worst levels, 14,712, last trade of the blue chip average. nasdaq looks like this, highest level of the day. in positive territory, keeping in positive territory with a gain of about seven points but a quarter of a percent. s&p 500 looks like this, similar chart pattern as the nasdaq, where it too hovers a to t
. >> and then, how about apple? hovering around $400 a share, failing to impress shareholders with t earnings last night. but is wall street just overreacting to what is still a very profitable, strong company? >> tim cook admits, they are a mature technology company. doesn't make them a bad company, though, right? >> but does it make them valued at 700? >> that's the question. >> just how big a threat are the hacks like we saw at that fake ap tweet yesterday to...
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Apr 22, 2013
04/13
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i guess it will be apple tv. >> apple tv is a logical extension of the largest screen that the ipad was, and bringing apps to the tv environment what everyone is trying to do. >> but they have a tv product. i have one at home. $99. a little black pox. >> it's not the real tv. >> why buy a $2,000 actual physical television when for 99 bucks i convert my physical television. >> today it doesn't have the one thing that made the iphone take off, which is applications. it was at revolution that really took off, what people could do from a personal assistant, games, entertainment and a corporate standpoint. >> dan, do you hear any chatter out there? >> we heard about channel checks, things around. this is probably a year and a half ago, two years ago. is there anything you've heard that gives you any sense that there's something coming. >> so i attempt not to recommend stocks based on chatter. what i would invest in investing in apple is a track record, a team. phenomenal balance sheet. they spend a lot on r&d. you can't predict what the next will be. everyone said tablets will never work. no
i guess it will be apple tv. >> apple tv is a logical extension of the largest screen that the ipad was, and bringing apps to the tv environment what everyone is trying to do. >> but they have a tv product. i have one at home. $99. a little black pox. >> it's not the real tv. >> why buy a $2,000 actual physical television when for 99 bucks i convert my physical television. >> today it doesn't have the one thing that made the iphone take off, which is applications....
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Apr 23, 2013
04/13
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FBC
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has become a parent's phone, i can imagine my kids saying oh, you got an apple and i don't' an apple, the new emerging consumers are buying sam shunnings, ansamsungs, and i say blackberry again, because older folks have apple products. >> what is the new ceo going to do for apple. tim cook had the baton passed to him, by steve jobs who passed away, we knew it was going to happen, they had great products in the pipeline, steve jobs died, did you think that apple stock would go to 900, you know now down below 400, that is incandescent no matter who -- inevitable no matter who took over steve jobs, there is a little bit of battle over what to do with cash, that apple sitting on, but, this is a well-run company, i don't know they will find anybody better than tim cook, i think this is a lot of chatter from speculators just saying what they wish all happen. neil: you know, i think what happens we live in a short attention span type society, we have the ceos, on a short leash, they get a grace parting prize but in case of j.c. penney they do not have a language leash to run. -- long leash
has become a parent's phone, i can imagine my kids saying oh, you got an apple and i don't' an apple, the new emerging consumers are buying sam shunnings, ansamsungs, and i say blackberry again, because older folks have apple products. >> what is the new ceo going to do for apple. tim cook had the baton passed to him, by steve jobs who passed away, we knew it was going to happen, they had great products in the pipeline, steve jobs died, did you think that apple stock would go to 900, you...
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Apr 24, 2013
04/13
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KQED
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apple sharing the repurchase authorization from $30 billion to $60 billion and apple increasing its quarterly dividend by 50%, and they're $3.05. ceo tim cook in the press release says we are very fortunate to be in the position to more than double the size
apple sharing the repurchase authorization from $30 billion to $60 billion and apple increasing its quarterly dividend by 50%, and they're $3.05. ceo tim cook in the press release says we are very fortunate to be in the position to more than double the size
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Apr 19, 2013
04/13
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you mentioned tech, let's start with apple. we have been killing apple, it is getting killed. do you sell now into earnings? >> it will probably get killed again, we're looking for a miss on eps, earning -- i am sorry esp, below $ 10 on apple but the stock has been battered so bad, people might buy in sympathy, i don't know if i would be panic selling it ahead of the open, if you are looking to buy it, i would not jump in yet, trade lightly. tracy: caterpillar, is a good litmus test for the local economy. you are expecting a 40% drop for mining come purchases, from china in particular. >> what we'll see from caterpillar in line to slight beat for this quarter, but the forward projects that will hurt caterpillar could look for weakness and stock to move lower after earnings. tracy: i love that hasbro has -- we buy kids for our toys. >> mattel had an awesome quarter, and hasbro has partnered up with a jewelry company to do a lot of hasbro-themed jewelry, i don't know if i am buying barbie-themed jewelry, it is interesting, i would be a buyer, lightly. tracy: i got 30 seconds lef
you mentioned tech, let's start with apple. we have been killing apple, it is getting killed. do you sell now into earnings? >> it will probably get killed again, we're looking for a miss on eps, earning -- i am sorry esp, below $ 10 on apple but the stock has been battered so bad, people might buy in sympathy, i don't know if i would be panic selling it ahead of the open, if you are looking to buy it, i would not jump in yet, trade lightly. tracy: caterpillar, is a good litmus test for...
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Apr 22, 2013
04/13
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apple is set to report results tomorrow. profits are forecast to drop 18% as samsung and other rivals take market shares in tablets and smartphones. revenues expected to increase 8%, but that would actually be one of the weakest quarters in years. citigroup analyst gwen young expects apple to report earnings at the low end of guidance, reflecting softer demand for the iphone 5 and the iphone 4 and to guide third quarter below market forecast. citi says any production delays in the upcoming iphone s could -- weakness for the stock. according to research firm burini associates, options on friday suggest it could move 7.5%, and that could take cares as high as $419 and or as low as $360. it's a big one to watch. it's included a lot of funds just because of its size. so a really important one for the market. chances are you are probably impacted. >> courtney, good to see you. i should mentions, too, the number of people who i speak with them informally talk about whether they're playing out apple. lots of people speculating in t
apple is set to report results tomorrow. profits are forecast to drop 18% as samsung and other rivals take market shares in tablets and smartphones. revenues expected to increase 8%, but that would actually be one of the weakest quarters in years. citigroup analyst gwen young expects apple to report earnings at the low end of guidance, reflecting softer demand for the iphone 5 and the iphone 4 and to guide third quarter below market forecast. citi says any production delays in the upcoming...
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Apr 24, 2013
04/13
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a big launch for apple? sure, it was even bigger for hp and dell, which have seen their pc businesses implode. now there's a new reason to care about apple. cash. apple boosted its dividend to $3.05 a share. making it the biggest dividend pair in the world. the total cash return to shareholders will total $100 billion by the end of 2015. >> yes, apple is managing to lower growth expectations, it's doing so because it's now suddenly losing share. the smart phone market is not saturad, butpple finds itself losing out to more diverse and better priced android alternatives. >> reporter: tim cooke acknowledged on the call that apple's growth has slowed and its margins are coming down a bit. what's a lot less clear is weather investors will continue to embrace it as a growth stock. either way, it's going to be an important story to watch for more than just apple stockholders. for nightly business report, i'm john fort. >> later in the program, we'll look at the new strategy samsung is employing as it tries to take
a big launch for apple? sure, it was even bigger for hp and dell, which have seen their pc businesses implode. now there's a new reason to care about apple. cash. apple boosted its dividend to $3.05 a share. making it the biggest dividend pair in the world. the total cash return to shareholders will total $100 billion by the end of 2015. >> yes, apple is managing to lower growth expectations, it's doing so because it's now suddenly losing share. the smart phone market is not saturad,...
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Apr 23, 2013
04/13
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especially with apple. if it doesn't go down, i'll eat my shoe, maybe here live. >> thank you so much for watching, see you
especially with apple. if it doesn't go down, i'll eat my shoe, maybe here live. >> thank you so much for watching, see you
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Apr 19, 2013
04/13
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. >>> shares of apple posting the second largest weekly decline in 2 1/2 years, down more that 9 percent. shares are down 45% from hitting the all-time high in september, marking a loss of more than $294 billion in fact cap. >>> ibm is trading down more 8%, marking big blue's largest drop in eight years after its quarterly earnings missed expectations on both the top and bottom lines. more business headlines in the next hour, but for now, maria, back to you. >> courtney, thank you. watertown, massachusetts, is where the manhunt took place today. we're joined now by mike driscoll. mike, thank you for calling in. what can you tell us about the region right now? >> well, again, as everything, we're still in a shelter in place. they did that earlier this morning, on or about, a little before 5:00, the decision was made to, number one priority is the safety of our residents and the residents of the commonwealth. >> at this point, we know that the area is in lockdown mode. the faa, saying there is a no fly zone over watertown. we know that amtrak has been suspended indefinitely. so, do we know
. >>> shares of apple posting the second largest weekly decline in 2 1/2 years, down more that 9 percent. shares are down 45% from hitting the all-time high in september, marking a loss of more than $294 billion in fact cap. >>> ibm is trading down more 8%, marking big blue's largest drop in eight years after its quarterly earnings missed expectations on both the top and bottom lines. more business headlines in the next hour, but for now, maria, back to you. >> courtney,...
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Apr 16, 2013
04/13
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KICU
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hiring is up at foxconn, and it's viewed as a hint the next apple iphone is in the works. according to reports, 10,000 people per week since the end of march have been added on at a foxconn factory in cheng- chow, china. that's same factory that turns out iphones. the companies have no comment, but reports says the next generation iphone 5s will launch in june. a low-cost version of the iphone is expected in august. people working for jc penney are relieved to learn the retailer's latest turnaround plan does not include eliminating employees or closing stores. penney's cfo revealed monday the company is tapping into its $1.85-billion credit line to buy inventory. the retailer will take out $850 million to revamp its home goods section, which should be ready next month. nursing homes are heading toward a critical need of employees. as baby boomers move into their golden years, the wall street journal reports the elder-care workforce will need 50% more workers. the profession, however, is considered to be low-paying at $12 an hour. the job also comes with a high injury rate
hiring is up at foxconn, and it's viewed as a hint the next apple iphone is in the works. according to reports, 10,000 people per week since the end of march have been added on at a foxconn factory in cheng- chow, china. that's same factory that turns out iphones. the companies have no comment, but reports says the next generation iphone 5s will launch in june. a low-cost version of the iphone is expected in august. people working for jc penney are relieved to learn the retailer's latest...
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Apr 24, 2013
04/13
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FBC
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apple's revenue in this quarter investors starting to wonder how does apple maintain this momentum and dominance, the tabloid market don't dominate smart phone market but still number one. liz: you were watching this as well. in the aftermarket session stock skyrocketed. how many people looked at that and 7 missed my chance and you didn't. >> we were down $400, but you have -- tim cook saying we will have the new grrat products. he didn't say the date but coming in the fall. they didn't know what it would be but i apple always seems to deliver that product people seem to love. they did again this might be a great buying opportunity. liz: i know grown-ups love them too. closing bell ringing in 29 minutes, new home construction topped 1 million units in march for the first time in five years. how is building supply company usg corp. benefiting? they make a lot of sheet rock could go into construction? the usg corp. chairman and ceo joining is a fox business exclusive on that next and in the wake of yesterday's twitter hacking the ap, here's a look at the most regrettable tweets over the
apple's revenue in this quarter investors starting to wonder how does apple maintain this momentum and dominance, the tabloid market don't dominate smart phone market but still number one. liz: you were watching this as well. in the aftermarket session stock skyrocketed. how many people looked at that and 7 missed my chance and you didn't. >> we were down $400, but you have -- tim cook saying we will have the new grrat products. he didn't say the date but coming in the fall. they didn't...
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Apr 23, 2013
04/13
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apple's stock has declined around $300 since last fall. microsoft is the latest focus of activist shareholders. shares of microsoft jumped $1.07 on a cnbc report that activist investor group valueact has taken a $2-billion stake in the company. one of the complaints from the activist group is the stock is little changed from 11 years ago. already this year, apple, jc penney and herbalife have gained the attention of activists. ralph lauren clothing company will pay $1.6 million to settle a bribery scandal. one of its subsidiaries is accused of bribing officials in argentina. according to the the u.s. department of justice, arginentinian customs officials allegedly were given money to clear merchandise. rl stock fell $3 in trading monday. a report out of europe shows the region is making a dent on its debt. the eurozone's collective deficit decreased in 2012. its most financially strapped countries, including ireland, greece and italy, have trimmed or stabilized deficits, while more secure nations like germany have pulled back on spending.
apple's stock has declined around $300 since last fall. microsoft is the latest focus of activist shareholders. shares of microsoft jumped $1.07 on a cnbc report that activist investor group valueact has taken a $2-billion stake in the company. one of the complaints from the activist group is the stock is little changed from 11 years ago. already this year, apple, jc penney and herbalife have gained the attention of activists. ralph lauren clothing company will pay $1.6 million to settle a...
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Apr 22, 2013
04/13
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i don't see apple breaching this. you have got to take into consideration that they still have that $137 billion in cash. they are going to pick up probably another $13 billion this year, up to $150. if they do anything with their cash at any point in time - buying netflix, stock purchase plan, or a huge dividend, the stock cost $50 in a heartbeat. but, if you look at the daily chart, i talked about it in my trading room, $419, it looked like it wasn't going to go lower - it broke it in a heartbeat. then it broke $400. on friday, the futures were up 5.5 points, apple was down $5.50 on the opening. every $1.10 apple moves is $1 billion in market cap. - traditionally apple rallies ahead of earnings. earnings are coming up on tuesday. what do you think? will we get a rally here? - i don't think we will get a rally. i like to look at the at-the-money straddles that are implying a $30 move in apple. that takes it down to that $370 level, or up to $430. i think they need to say something about the cash. show me a stock purc
i don't see apple breaching this. you have got to take into consideration that they still have that $137 billion in cash. they are going to pick up probably another $13 billion this year, up to $150. if they do anything with their cash at any point in time - buying netflix, stock purchase plan, or a huge dividend, the stock cost $50 in a heartbeat. but, if you look at the daily chart, i talked about it in my trading room, $419, it looked like it wasn't going to go lower - it broke it in a...
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Apr 19, 2013
04/13
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why are y sing that put money into apple now? >> a year ago, there was too much euphoria. today there is too much pessimism. look, apple is reflecting an absolutely worst case scenario with earnings there to be reported this tuesday. there is likelihood it's not going to be that bad. and if tim cook can lay out a plan for a capital outlays to shareholders in terms of dividend increases and share buybacks and reassure investors of their products and their vision for products, i think this stock could be much higher next week. >> all right. very interesting information. thank you so much, hank. any disclosures to make? do you own any of these stocks? >> we own them all, and i own them all personally. >> thank you so much. have a great weekend. hank smith of haverford. >> thank you. >>> and coming up next, as the price of gold and silver plunge, we'll take you to one of the country's largest coin shows to see who is buying and who is selling. >>> but first, a look at commodities, treasuries, and currencies. >>> next week on "nightly business report," we'll have earnings news
why are y sing that put money into apple now? >> a year ago, there was too much euphoria. today there is too much pessimism. look, apple is reflecting an absolutely worst case scenario with earnings there to be reported this tuesday. there is likelihood it's not going to be that bad. and if tim cook can lay out a plan for a capital outlays to shareholders in terms of dividend increases and share buybacks and reassure investors of their products and their vision for products, i think this...
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Apr 22, 2013
04/13
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let me mention apple very quickly. the hope here is for a special dividend, increase the dividend to over a 3% yield and start with the big buyback. that's the big hope there. nobody's expecting them to blow the cover off of any of these numbers and all of them have been coming down. >> guys, back to you. >> watching microsoft continue to gain now up 4.5% and let's head over to the nasdaq which partly is a result of that is outperforming, sema moti and it's back above the 52-day moving average. investors are slightly on edge ahead of the the tech earnings and all eyes on apple as bob was mentioning. a lot of conflicting calls from analysts ahead of its earnings report tomorrow. analysts focused on sales of its iphone and any clarity around its capital allocation strategy. bbc partners this morning upgrading the stock to buy. communication players also reporting this week. isi group reporting that broadcom, xilinx and lacked the right combination of favorable setup and strong, foreign ministerial support to expect event
let me mention apple very quickly. the hope here is for a special dividend, increase the dividend to over a 3% yield and start with the big buyback. that's the big hope there. nobody's expecting them to blow the cover off of any of these numbers and all of them have been coming down. >> guys, back to you. >> watching microsoft continue to gain now up 4.5% and let's head over to the nasdaq which partly is a result of that is outperforming, sema moti and it's back above the 52-day...
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Apr 19, 2013
04/13
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way down for apple again. and then we have mcdonald's reporting a slight rise in profits and mcdonald's is down 2 bucks. below $100. and ge. a big name, profit as expected, ge is at $21 a share, and it's down 3%. and the dow is down 33. now then one suspects on the run, another one is dead. monica crowley is here, following terror and money, following a whole lot more for you after this. thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. ow old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing th
way down for apple again. and then we have mcdonald's reporting a slight rise in profits and mcdonald's is down 2 bucks. below $100. and ge. a big name, profit as expected, ge is at $21 a share, and it's down 3%. and the dow is down 33. now then one suspects on the run, another one is dead. monica crowley is here, following terror and money, following a whole lot more for you after this. thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the...
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Apr 23, 2013
04/13
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it's just -- people love their apple, they hate their apple and they have feelings about apple. >> i love that light saber sound effect. let's get to the economics calendar, thank you very much. here is today's calendar. and it is very housing focused. at 9:00 eastern, you get the fhfa house price index. an hour later, march new home sales. they're expected to rise by 0.7%. we'll watch the home builders like lenar, etcetera, on those. also at 10:00 eastern, is the richmond fed survey. becky talked about some stocks. we're hitting on dupont. let's check on the broader markets. oil down about 0.9%. 88.39. brent crude down a little more, down 1%. rbob gasoline, because, really, you don't care about gasolioil. you care about gasoline, right? >> it's come down significantly. >> yeah, it has, which is good because that may counteract the effects of the payroll tax high. what about gold? let's check the commodities like gold, the ten-year. down about 7%. 7 bucks to $1414. there's been a bit of a move in sort of the euro. we want to keep an eye on that. there's your currency chart here in th
it's just -- people love their apple, they hate their apple and they have feelings about apple. >> i love that light saber sound effect. let's get to the economics calendar, thank you very much. here is today's calendar. and it is very housing focused. at 9:00 eastern, you get the fhfa house price index. an hour later, march new home sales. they're expected to rise by 0.7%. we'll watch the home builders like lenar, etcetera, on those. also at 10:00 eastern, is the richmond fed survey....
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Apr 22, 2013
04/13
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and another bite out of apple. key questions about the future of this company that many thought was invincible. and another, a sudden big move for the stock of google before self-correcting. that was the company involved here. what happened and how you can get hurt. first to sue. >> hi. welcome back. we missed you. great to have you back here. we start power lunch with a manpower problem at the nation's airports. politicians are not rising above and neither are many of the air travelers out there. we begin with hampton pierceon. >> here at reagan national, the number of flights being delayed has been increasing throughout the day. a snapshot looking at the schedule board shows 30 minutes to one hour delays. delays due to furloughs of controller controllers business and leez travelers we talk to today think the government ought to have come up with a better solution. r. >> i think they should have more air traffic controllers because it helps with our safety. >> i have tsa approved. i travel constantly. >> the major
and another bite out of apple. key questions about the future of this company that many thought was invincible. and another, a sudden big move for the stock of google before self-correcting. that was the company involved here. what happened and how you can get hurt. first to sue. >> hi. welcome back. we missed you. great to have you back here. we start power lunch with a manpower problem at the nation's airports. politicians are not rising above and neither are many of the air travelers...
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Apr 23, 2013
04/13
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apple has not released new products and sales have been mediocre but expectations are so low apple could surprise wall street and begin a turn around. >> bill that could impose sale taxes on online purchases clear add hurdle. the senate votes 74-20 to take up the bill to give states the authority to require online retailers like amazon to collect state and local sales taxes. if support continues, the senate could pass the bill by this week. california and eight other states already have laws that require online retailers to collect taxes for internet purchases. >> netflix is coming back after house of cards. >> good morning, brace for delays if you are flying. the f.a.a. is expected to continue to keep planes on the ground in some of the busiest airports as budget cut result in a shortage of air traffic controllers. the transportation department says they are thinking of preventing enforcement of rules. >> are you hooked on netflix? they say they signed up two million news customers last quarter with the new scary series beating records. >> and xbox maker will have a new app that lets ga
apple has not released new products and sales have been mediocre but expectations are so low apple could surprise wall street and begin a turn around. >> bill that could impose sale taxes on online purchases clear add hurdle. the senate votes 74-20 to take up the bill to give states the authority to require online retailers like amazon to collect state and local sales taxes. if support continues, the senate could pass the bill by this week. california and eight other states already have...
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Apr 24, 2013
04/13
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i think apple -- i have apple products. i love them. i think apple is doing a great job, but at the same time in this, this is a stock market and this is a sheer, difficult, harsh, judging machine that is the stock market, and i think tim cook is making a great product. apple's making a great product, but we already have one and we already have a lot of the stock and we don't want as much. am i being harsh? i'm saying the analyst community is harsh. now, procter & gamble, i know it's not what everybody wanted today, but do you remember the open rebellion of procter & gamble at 63 and mcdonald's said you know what? let's blow the darn thing up and give what the analysts want and the stock goes from 63 to 80 and now it will pull back a little today and it's had a remarkable run and that was a guy saying i have to blow it up. as strange as it is. procter is a great company and apple say great company. you have to blow it up and take a new direction. >> we'll talk more about procter and some of the problems in beauty and their guidance this
i think apple -- i have apple products. i love them. i think apple is doing a great job, but at the same time in this, this is a stock market and this is a sheer, difficult, harsh, judging machine that is the stock market, and i think tim cook is making a great product. apple's making a great product, but we already have one and we already have a lot of the stock and we don't want as much. am i being harsh? i'm saying the analyst community is harsh. now, procter & gamble, i know it's not...
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Apr 24, 2013
04/13
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by the way, apple is back well below 400. the white house blames congress for airport delays and jay carney diverting the heat that the president is getting from angry travelers. and the hacking crash last what, 200 billion dollars, who do you blame. hackers, twitter, computers? either way, are you more confident in wall street? enough with the questions, i will tell you this, stocks will go up yet again ten minutes from now. "varney & company" is about to begin. thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thoand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. >> all right. the your flight is delayed ap you're sitting in the airport and you are angry. the white house wants to channel that anger away from the president. the white house is
by the way, apple is back well below 400. the white house blames congress for airport delays and jay carney diverting the heat that the president is getting from angry travelers. and the hacking crash last what, 200 billion dollars, who do you blame. hackers, twitter, computers? either way, are you more confident in wall street? enough with the questions, i will tell you this, stocks will go up yet again ten minutes from now. "varney & company" is about to begin. thank you orville...
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Apr 23, 2013
04/13
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big question, has the rest of the tech industry caught up with apple? is the shine off the apple? sorry, i had to use that terrible little pun. but still be watching apple. and another big story for you, the list is out. and sorry to all of you newspaper reporters out there, you officially have the worst job in america. >> the worst job? >> the worst job in america. with the median income of about $36,000 a year. career cast does this study every year. the results are based on things like income, industry outlook, stress, physical demands. >> so not happiness? >> happiness is in there. here's the rest of the top five worst jobs. lumberjack is number two, followed by enlisted military personnel, actor, and oil rig worker. so the best jobs in america? the number one job in america according to career cast an actuary, make about 87 grand a year, biomedical engineers, software engineers, an audiologist and financial planner round out the top five. when i look at the best jobs in america, all top ten or 20 of them, it's a lot of s.t.e.m. jobs, science, technology, engineering, math. a
big question, has the rest of the tech industry caught up with apple? is the shine off the apple? sorry, i had to use that terrible little pun. but still be watching apple. and another big story for you, the list is out. and sorry to all of you newspaper reporters out there, you officially have the worst job in america. >> the worst job? >> the worst job in america. with the median income of about $36,000 a year. career cast does this study every year. the results are based on...
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Apr 24, 2013
04/13
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CNBC
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apple will need to innovate. we're in that you got to believe me phase and now we're talking about a time line of the fall. we got support on the dividend and buyback but gross margins and innovation will be key. >> you thought that you would hear about new products even sooner than the fall? >> it was possible that you might hear particularly about a low cost to approach the emerging markets and to offer something for the smartphone user who is more price sensitive. >> hold on a second. if you think of low cost phones, they talked about strength in china. you can't have strength with low cost phones or strengths in emerging markets and not have it impact gross margins. what's more important to you? >> a low cost phone that maintains a margin. they'll need to move some of the product mix out, innovate and i think tvs. i think i radio. something along the lines of i payments. that's what will move the sentiment and move the needle financially. >> i kind of feel this company's pain. after watching the stock be down
apple will need to innovate. we're in that you got to believe me phase and now we're talking about a time line of the fall. we got support on the dividend and buyback but gross margins and innovation will be key. >> you thought that you would hear about new products even sooner than the fall? >> it was possible that you might hear particularly about a low cost to approach the emerging markets and to offer something for the smartphone user who is more price sensitive. >> hold...
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Apr 18, 2013
04/13
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FBC
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of course, nasdaq and the s&p have apple in the index sighs, and apple's been down below $400 today. obviously, the tech people hot on apple are disappointed today. we continue to watch other information that we get such as the vix, the fear index, showing that we are seeing volatility with an up arrow, and plenty of names on the move on the heels of the earnings. back to you. cheryl: thank you very much. dennis: apple shares down since sent highs. what's the shareholder to do now? joining us, we've got scott kelser with s&p capital iq. thank you, scott. >> thanks, dennis. dennis: i imagine you, just like the rest of the world on wall street, probably still has a buy on apple? >> actually, i have a strong buy recommendation on apple, yeah. dennis: how long have you had a strong buy? when did you put that on it? >> we went to strong buy in november. that was not a good call, but we had a buy recommendation the better part of four years. dennis: apple trading below $4 # 00 for the first time since december 201 # 1, and, yet, you have a price target of dlrks 600 -- 600 bucks, why the fa
of course, nasdaq and the s&p have apple in the index sighs, and apple's been down below $400 today. obviously, the tech people hot on apple are disappointed today. we continue to watch other information that we get such as the vix, the fear index, showing that we are seeing volatility with an up arrow, and plenty of names on the move on the heels of the earnings. back to you. cheryl: thank you very much. dennis: apple shares down since sent highs. what's the shareholder to do now? joining...
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Apr 22, 2013
04/13
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and it's an apples and oranges situation to say that somehow, you know, because we have these two losers who committed this heinous crime that, therefore, that casts dispersions on thousands of other people who are in this country and don't happen to have been natural born american citizens. that doesn't make them bad actors, bad people, or even any more likely to be suspicious as bad people. by the way, the bad guys, the obama administration has dramatically increased deportations as you know of the real criminals who we tend to be able to find and deport when necessary. >> mr. walsh? >> jonathan, these two guys, jonathan, these two guys weren't just losers. they were part of radical islam. they were radicalized. >> that's right. >> this is a threat we've known has existed for a number of years. >> it has nothing to do with the immigration bill. it's irrelevant. it's not being rushed through as you said. the bill has been pending for white a whi quite a while. >> jonathan, it's sophisticated mindsets like yours that get americans killed because you don't recognize we're at war. >> joe,
and it's an apples and oranges situation to say that somehow, you know, because we have these two losers who committed this heinous crime that, therefore, that casts dispersions on thousands of other people who are in this country and don't happen to have been natural born american citizens. that doesn't make them bad actors, bad people, or even any more likely to be suspicious as bad people. by the way, the bad guys, the obama administration has dramatically increased deportations as you know...
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Apr 24, 2013
04/13
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CNBC
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so i think two things on apple. on the positive side, they did a very significant return of cash to shareholders at the very high end, i think of where investors were hoping. and all else being equal, that was a positive. on the flip side, there was evidence of gross margin pressure in the quarter. they were down sequentially, and the company guided for gross margins to go down again sequentially next quarter. and this is worrisome, because apple is at the part of its product cycles where it's introduced new products where typically gross margins should be improving. so to see margins down, even adjusting for mixed effects, we believe iphone margins were down in the quarter, is worrisome. and it points to, you know, a mix shift to lower models within apple's lineup, which generally have lower margins. and, you know, ultimately, micros margins numbers came down and my estimates came down and my price target came down commensurately. >> but your rating remains outperform, right? you're still telling people you think i
so i think two things on apple. on the positive side, they did a very significant return of cash to shareholders at the very high end, i think of where investors were hoping. and all else being equal, that was a positive. on the flip side, there was evidence of gross margin pressure in the quarter. they were down sequentially, and the company guided for gross margins to go down again sequentially next quarter. and this is worrisome, because apple is at the part of its product cycles where it's...
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Apr 24, 2013
04/13
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FBC
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this is the action as you see here on apple, or maybe not -- there you go, 480 shares of apple. the last six months, price pressure, and this is why people make fun of the company. it's down 33%. revenue warnings about q3, q2 looking okay, putting cash to work. i want to show you something else. this is the big technology sector, all the big names we follow, of course, here on fox business, but i want to give you a side by side comparison of apple and microsoft. the joke was on microsoft for so many years, and jimmy fallon made the joke on apple last night. the six-month performance of microsoft in blue against the six-month performance of apple, which is in yellow. again, this is the story today. watching apple, but, dennis, again, the company not having a great day again. dennis: yes, bloom off that rose, i guess. remember the computer chip wars? odds stacked high against amd, but that didn't stop our guest from deciding to sue intel for a billion dollars, and we're joined by former advanced microdevices hector luis, author of "slingshot," a great title, and project slingshot
this is the action as you see here on apple, or maybe not -- there you go, 480 shares of apple. the last six months, price pressure, and this is why people make fun of the company. it's down 33%. revenue warnings about q3, q2 looking okay, putting cash to work. i want to show you something else. this is the big technology sector, all the big names we follow, of course, here on fox business, but i want to give you a side by side comparison of apple and microsoft. the joke was on microsoft for so...
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Apr 23, 2013
04/13
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FBC
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it had lost $0.290 billion at the apple iphone5 was introduced. here is goldman sachs weighing in on apple they are expecting challenges. new products coming out in the second half of the year. also, lazard capital is saying the same thing. we do not know whether or not apple will say anything more about how it will use its cash for things like capital formation. we will be watching that. those are the numbers we are looking for from the street. back to you, dagen and connell. connell: it is amazing to see apple compared to some of these. thank you, elizabeth. we will have full coverage of this later on. cheryl and dennis in the next part of markets now. they will look at $400 a share and whether that is the new normal. dagen: paying for the president's budget. if you are making more than $200,000 a year, you will be picking up a bit part of the debt. connell: on a big day for the markets, the s&p winners. netflix. that is the big story. look at that. ♪ why are 8 million people why are 8 million people sleeping better tonight? they went to a sle
it had lost $0.290 billion at the apple iphone5 was introduced. here is goldman sachs weighing in on apple they are expecting challenges. new products coming out in the second half of the year. also, lazard capital is saying the same thing. we do not know whether or not apple will say anything more about how it will use its cash for things like capital formation. we will be watching that. those are the numbers we are looking for from the street. back to you, dagen and connell. connell: it is...
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Apr 24, 2013
04/13
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apple. the company saying as it prepares to return cash, more cash to shareholders, it will plan to take on some debt as a way of managing its cash balance. the company for a long time prided itself on having zero debt. soon that will end. the company nonetheless saying they are confident in their ability to churn out new products in the future. beat back its rivals and pointing out that the ipad mini and ipad in general doing very well versus low cost rivals and the iphone had a quarter better than many analysts expected upwards of 37 million units sold. guys, back to you. >> let's get a check now of european markets and after a session yesterday where pretty much no sector was in the red, we're seeing more differentiation this morning. want to look at banks in particular because we're getting that flow of earnings out. we are seeing positive responses from barclays and credit suisse. rbs up 1.5% as well lloyd's is up despite sale of branches to a company in the u.k. and also we're respondi
apple. the company saying as it prepares to return cash, more cash to shareholders, it will plan to take on some debt as a way of managing its cash balance. the company for a long time prided itself on having zero debt. soon that will end. the company nonetheless saying they are confident in their ability to churn out new products in the future. beat back its rivals and pointing out that the ipad mini and ipad in general doing very well versus low cost rivals and the iphone had a quarter better...
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Apr 24, 2013
04/13
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FOXNEWSW
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so, apple is owns the stock. company didn't get ahold own press started believing its own press and that its stuff didn't stink if youful. forgetting what my dad used to call that great ladder in life, neil, he would say, remember the people you pass on the way up the ladder, you will be bumping into them on the way down. i cleaned up his language. anyway, apparently ladders go both ways. one day the world has taken a shine to your apple and the next it's saying you are rotten to the core. think about that. you're still the same person you are still the same company. only now you are a humble person and desperately looking for any company. i guess that's business. i guess that's life. but it's a reminder keep your head small. maybe not physically small. if you were born with a big head, that's impossible. but try to keep your ego in check. again, it's one the great things i have always mastered in my super
so, apple is owns the stock. company didn't get ahold own press started believing its own press and that its stuff didn't stink if youful. forgetting what my dad used to call that great ladder in life, neil, he would say, remember the people you pass on the way up the ladder, you will be bumping into them on the way down. i cleaned up his language. anyway, apparently ladders go both ways. one day the world has taken a shine to your apple and the next it's saying you are rotten to the core....
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Apr 23, 2013
04/13
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>> it's been incredibility to see the collapse of apple stock. it hasn't been trading this low since november of 2011. that was right after steve jobs died. we want to explore a couple of reasons why the stock is trading so much lower. when you look at the technology business, it is almost like the movie business. you have to unveil hit after hit. the stock exchange is maturing. most people who have cell phones have smart phones. competition has never been more intense. you look at amazon creating great products. we'll be watching the earnings and the guidance. wolf. >> we'll see what happens with apple. >>> coming up, a nike t-shirt with the words boston massacre stayed on sale for days after the bombings. we'll tell you what they're doing about that coming up. ♪ [ male announcer ] we don't just certify our pre-owned vehicles. we inspect, analyze and recondition each one, until it's nothing short of a genuine certified pre-owned... mercedes-benz for the next new owner. ♪ hurry in to your authorized mercedes-benz dealer for 1.99% financing du
>> it's been incredibility to see the collapse of apple stock. it hasn't been trading this low since november of 2011. that was right after steve jobs died. we want to explore a couple of reasons why the stock is trading so much lower. when you look at the technology business, it is almost like the movie business. you have to unveil hit after hit. the stock exchange is maturing. most people who have cell phones have smart phones. competition has never been more intense. you look at amazon...
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Apr 24, 2013
04/13
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and we are keeping an eye on the bay area's apple this morning. because mixed results coming in after the closing bell. about its earnings, about its outlook. tim cook kind of encouraging investors. but the stock right now about to open down 3% to $393 a share. here we two the opening bell live. apple down about $13 of 3%. we'll keep an eye on that. >>> big story. we'll smile and say good morning, to you. thank you for joining us here on ktvu channel 2 morning news it's wednesday, april 24th i'm dave clark. >> foreign good morning, i'm pam cook. >>> representatives of a big league baseball 30 teams will meet tomorrow to discuss security changes in the wake of the bombings. last week's terrorist attack has already led to increased security at at & t park and other major league ballparks. but the league will suggest other security measures including a possible ban on backpacks. tomorrow's meeting in new york was scheduled before the bombings but the tragedy in boston has changed the focus of the meeting. >>> also this morning there are new signs tha
and we are keeping an eye on the bay area's apple this morning. because mixed results coming in after the closing bell. about its earnings, about its outlook. tim cook kind of encouraging investors. but the stock right now about to open down 3% to $393 a share. here we two the opening bell live. apple down about $13 of 3%. we'll keep an eye on that. >>> big story. we'll smile and say good morning, to you. thank you for joining us here on ktvu channel 2 morning news it's wednesday,...
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Apr 21, 2013
04/13
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KPIX
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a scientific explanation for the old saying one bad apple spoils the bunch. this tiny parasitic vine called a daughter smells its way toward food attracted by the chemicals released by a tomato plant. i will eventually wrap around the stall being to absorb really steal the nutrients it needs. knowing all of this about these plants can be slightly horrifying. >> yeah, that's why you have to temper this by realizing that they don't care. >> reporter: vegetarians, he assures need not feel guilty. the whole thing sounds like something dreamed up in hollywood. like that man-eating plant in little shop of horrors. >> here we're seeing the great venus fly trap. >> reporter: why great? we can identify with it. we can actually see it eating. >> reporter: when a bite-sized bug enters the plant it touches a tiny trigger, but the plant will only snap shut and eat the bug if it touches a second trigger within a certain period of time. he calls that a primitive form of memory. it has a memory specific to a length of time. >> a memory to a link of time just like i have a me
a scientific explanation for the old saying one bad apple spoils the bunch. this tiny parasitic vine called a daughter smells its way toward food attracted by the chemicals released by a tomato plant. i will eventually wrap around the stall being to absorb really steal the nutrients it needs. knowing all of this about these plants can be slightly horrifying. >> yeah, that's why you have to temper this by realizing that they don't care. >> reporter: vegetarians, he assures need not...
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Apr 23, 2013
04/13
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KTVU
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has lost some of its luster and apple is down from its all-time high in september. google could bring you more information and google is the service that tries to answer questions before the user even asks them. for example it could give you a heads up on your usual route home from work and adding it now, it could affect the area and it could be an option they could turn on and off. >>> time now 651, a historic post office in downtown berkeley, why it will not be a post office while they decide to sell the building. >>> traffic looks good heading off to the high-rise and we will tell you more about the morning commute. is it wrong to buy an entire outfit to match your mani-pedi? shop like a fashionista. not if you find something amazing for less than the price of it. save like a maxxinista. designer brands at t.j. prices. t.j.maxx. . >>> dow jones industrial average is up 14,000, nasdaq and s&p 500 is up and they are posting some gains, bay area net flicks is adding cards for some of that. >> time now 6:55 some bay area schools are seeing an increase in bomb threats
has lost some of its luster and apple is down from its all-time high in september. google could bring you more information and google is the service that tries to answer questions before the user even asks them. for example it could give you a heads up on your usual route home from work and adding it now, it could affect the area and it could be an option they could turn on and off. >>> time now 651, a historic post office in downtown berkeley, why it will not be a post office while...
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Apr 22, 2013
04/13
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FOXNEWSW
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reports show apple is storing your question to suri for up to two years. it keeps the questions to judge siri's effectiveness. why the technology never revealed it is storing them. >>> boston bombing suspect could be charged today. there's a debate brewing over what the exact charges that he should face should be. some are calling for him to be charged as an enemy combatant but others stais the label that is necessary. th if they are going to charge him as an enemy combatant they have to act now. american center for law and justice jordan specula. thank you for joining us. >> thanks, heather. >> there are reports unconfirmed for us that the suspect is in fact communicating in some way and answering questions. how if at all does that effect the time line for the charges? >>> what is interesting, it looks like the department of justice is already delayed because this was an unexpected development as if it would never happen. we were supposed to hear charges yesterday now they are saying or reporting the earliest would be today. when that kicks in the right t
reports show apple is storing your question to suri for up to two years. it keeps the questions to judge siri's effectiveness. why the technology never revealed it is storing them. >>> boston bombing suspect could be charged today. there's a debate brewing over what the exact charges that he should face should be. some are calling for him to be charged as an enemy combatant but others stais the label that is necessary. th if they are going to charge him as an enemy combatant they have...
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Apr 22, 2013
04/13
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apple on tuesday, a lot of you have been asking me about apple and what will happen with apple shares, tuesday we will get apple results. a lot to digest this week. $333 million, that's an estimate of how much it dos shut down boston and surrounding suburbs on friday. $333 million. the losses will likely be short-term for companies. boston is a big company getting back to work this monday morning. the boston metropolitan area produces $325 billion worth of goods and services every year. a little less than a billion dollars a day. the ninth gdp in the country. friday everything just stopped. businesses closed. public transit shut down. 16 of the area's 35 colleges closed campuses. most of the taxis were off the roads. shopping centers were shut. while many people worked from home or had the day off, some workers were very busy. thousands of law enforcement officials, hospital workers, hotel workers. there was overtime. where you saw some companies shut down, other area there's was economic activity. dunkin' donuts locations, some of them stayed open at the request of first responders w
apple on tuesday, a lot of you have been asking me about apple and what will happen with apple shares, tuesday we will get apple results. a lot to digest this week. $333 million, that's an estimate of how much it dos shut down boston and surrounding suburbs on friday. $333 million. the losses will likely be short-term for companies. boston is a big company getting back to work this monday morning. the boston metropolitan area produces $325 billion worth of goods and services every year. a...
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Apr 23, 2013
04/13
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CNBC
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apple and netflix. jon fortt, what are the three things to look for -- maybe there's 20, but give us three to look for when they report after the bell today. >> limiting me to three things. iphone unit sales, gheitance and margins. on iphone a lot of annuals are twegting between 34 and 38 million. one speed bump for the iphone potential is apple had a significant p.r. headache, when central tv blasted the company's iphone repair policies, a nonstop drumbeat of negative headlines are significant considering china was 12.5% of retch last quarter. an important side story to this report also is guidance. apple switched the way they do guidance, sake they'll give a range within which to fall in. will they come in close to the revenue as analysts expect, a little higher, that will influence how the street views june guidance. iphone mix. the more i phones apple sells, and the faster it can lower costs, the higher margins will climb. my best guest is apple will deliver up side somewhere on margins rather than
apple and netflix. jon fortt, what are the three things to look for -- maybe there's 20, but give us three to look for when they report after the bell today. >> limiting me to three things. iphone unit sales, gheitance and margins. on iphone a lot of annuals are twegting between 34 and 38 million. one speed bump for the iphone potential is apple had a significant p.r. headache, when central tv blasted the company's iphone repair policies, a nonstop drumbeat of negative headlines are...
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Apr 18, 2013
04/13
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KGO
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. >> coming up next apple stock takes a new plunge. >> 16 month low today. find out why, stay w >>> if you're an apple shareholder, the stock took another steep plunge today, now $300 down. so why is this happen something some believe it was way overpriced to begin with and what's happening is a natural reduction in value. others feel the tech market is changing and apple slow to change witness. >> they're good at coming up with innovation. so i won't give up on them. >> many consumers are waiting for next products including a state of the art television. >> l l.the rest of wall street took a sharp downward today. reports triggered a plunge on the dow. that is an improvement. after investing nearly $2 billion the british parent company has admitted defeat. the company put the 200 stores in california, arizona and nevada up for sale. bank of america today say it will pay $500 million we resolve revenues off by 8%, google has begun delivering glass, the visor like computer that responds to eye commands. it come was warnings the possibility of eye strain and yo
. >> coming up next apple stock takes a new plunge. >> 16 month low today. find out why, stay w >>> if you're an apple shareholder, the stock took another steep plunge today, now $300 down. so why is this happen something some believe it was way overpriced to begin with and what's happening is a natural reduction in value. others feel the tech market is changing and apple slow to change witness. >> they're good at coming up with innovation. so i won't give up on them....
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Apr 23, 2013
04/13
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>> there's a lot of hype with apple right now. it's valued in the options market, you see the volatility after the earnings report, coming in 50% hotter than anticipated. right now for every reason it was short, it tested the 400 level. our model predicted a 400 test, we got it. >> there it's back up above 400 the how have you been investing? >> so we've been playing in the option market. we own the puts, to short this, but now we want to buy up side calls here, and selling puts, puts you to the stocks. you can own this stock a little cheaper by selling puts the that's what we're doling right now. itches i want to thank you for being here, because i always stand up straighter. how do consumers feel about it. let's bring in cnet molly wood and natalie morris. let me start with you. has the i-culture lost its identity? >> they're a hardware, software, but they're also a bit of celebrity. in the post-steve jobs era they've been riting the if factor for a long time. the ipad is really still the it. the iphone, the sales will be really
>> there's a lot of hype with apple right now. it's valued in the options market, you see the volatility after the earnings report, coming in 50% hotter than anticipated. right now for every reason it was short, it tested the 400 level. our model predicted a 400 test, we got it. >> there it's back up above 400 the how have you been investing? >> so we've been playing in the option market. we own the puts, to short this, but now we want to buy up side calls here, and selling...
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Apr 22, 2013
04/13
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CNNW
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apple is the biggest name on the list. if you own apple shares, you have probably seen and felt this stomach churning chart. share price has tumbled over the past year down 31% over that period now trading below $400 a share. why? slumping demand for products. apple was once the most valuable company in the world by market value, so the stock some analysts say relatively cheap right now. we will know better tomorrow what the future of apple will be. it has an awful lot to prove. investors have been stung. apple clearly a big business story of the day and the week. john. >> no question a lot of people watching that very closely. thanks. meanwhile, ahead on "starting point," the surviving suspect hidden in this plain sight after the marathon bombings going about college life as if nothing ever happened. we will hear from students who spoke to him on campus. you're watching a special edition of "starting point" live from boston. people join angie's list for all kinds of reasons. i go to angie's list to gauge whether or not th
apple is the biggest name on the list. if you own apple shares, you have probably seen and felt this stomach churning chart. share price has tumbled over the past year down 31% over that period now trading below $400 a share. why? slumping demand for products. apple was once the most valuable company in the world by market value, so the stock some analysts say relatively cheap right now. we will know better tomorrow what the future of apple will be. it has an awful lot to prove. investors have...
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Apr 24, 2013
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what do you think apple mass to do? they talked about a cheaper version perhaps for the chinese market? they go for a bigger screen to compete against samsung a lot of people like, android? >> i think that, two answers there. ashley: yeah. >> the iphone and ipod were disruptive technologies in the leisure environment. it will be very difficult to replicate that. i don't know if going downstream is it necessarily the answer. that is outside of my wheelhouse. i'm not a technical product specialist but what they clearly need to do is figure out, i think back to what steve jobs did when he returned to apple initially. ashley: yeah. >> he shrunk the skus from 24 down to 10. i think that it is getting to the point where apple is starting to get a little bit too much product and here's a s version of the same thing. here is lighter version and smaller version. ashley: yep. >> gets very confusing and muddled in the marketplace where people don't have direction and opens up the door for competition to come out. we're doing this
what do you think apple mass to do? they talked about a cheaper version perhaps for the chinese market? they go for a bigger screen to compete against samsung a lot of people like, android? >> i think that, two answers there. ashley: yeah. >> the iphone and ipod were disruptive technologies in the leisure environment. it will be very difficult to replicate that. i don't know if going downstream is it necessarily the answer. that is outside of my wheelhouse. i'm not a technical...
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Apr 18, 2013
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apple did fall below that $400 mark. it did knock down stocks across the globe, particularly in asia. its suppliers and tech stocks generally seen as exposed to the country's weakness after it was warned that revenue for that cup wasn't going to be that strong thanks to its one big customer, i.e., apple. >>> the ftse cnbc global 300 just a little lower on the day. we'll look at european markets for that. we are rebounding a little bit after yesterday's weak session. the xetra dax downing 0.6%. that's about a quarter of the move that we saw yesterday. indeed, eegan jones did come out and downgrade moody's in its annual statement reiterating the outlook for that country. the ftse 100, ftse mib are adding better than 0.8% for italy which is going through the process of selecting its next president. there is hope that at least this will help keep the country on track. moving to the bond's space span was just out with an auction. we saw healthy demand, low themes continue for the economy generally speaking in that it hasn't h
apple did fall below that $400 mark. it did knock down stocks across the globe, particularly in asia. its suppliers and tech stocks generally seen as exposed to the country's weakness after it was warned that revenue for that cup wasn't going to be that strong thanks to its one big customer, i.e., apple. >>> the ftse cnbc global 300 just a little lower on the day. we'll look at european markets for that. we are rebounding a little bit after yesterday's weak session. the xetra dax...
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Apr 23, 2013
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apple and volkswagen are going to build an icar. cnet editor at large brian cooley joins us this morning to tell us all about it. it's an ibeetle i guess? >> exactly. they are going to roll out a new version of it. >> reporr: itwas just shoing to be a beetle that has the apple touch. apple has never worked with a carmaker before to revise and create a special edition of a car. this is a very big deal. here's the specifics. you can see it there. it doesn't look different from a regular beetle but all the styling touches will be done with apple. look at the top of the dash and you see where the iphone docks in a cuss stop dashtop dock. this isn't just more music in a custom dashtop dock. in will allow additional gauges and displays. there is the apple logo in volkswagen script. so it's an interesting blend. that iphone on the dash will do like i said additional gauges and information will display there that aren't on the dash. it will let you do postcards so you can hit a button on there and send out to your friends on social media or
apple and volkswagen are going to build an icar. cnet editor at large brian cooley joins us this morning to tell us all about it. it's an ibeetle i guess? >> exactly. they are going to roll out a new version of it. >> reporr: itwas just shoing to be a beetle that has the apple touch. apple has never worked with a carmaker before to revise and create a special edition of a car. this is a very big deal. here's the specifics. you can see it there. it doesn't look different from a...
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Apr 22, 2013
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looking at apple. nicole: everyone is talking about apple. it is maybe owned in the s&p, for example. it is still under $400. this was a $700 stock last september. you have two that are hot on it today. we are looking at avondale. there is good news. they are liking what they are seeing with apple. so far, apple shareholders are disappointed. back to you. connell: if we see you at a party, we will not ask about apple. dagen: i am not talking about apple at a party. connell: i do not want to see at a party anyway. dagen: you are not invited. connell: investors who have bet on it. the feeding frenzy in the pet care industry. that is a cute dog. this one on the other hand, i am not so sure. we will transition smoothly from dogs on television two currencies. we will be right. ♪ thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everyt
looking at apple. nicole: everyone is talking about apple. it is maybe owned in the s&p, for example. it is still under $400. this was a $700 stock last september. you have two that are hot on it today. we are looking at avondale. there is good news. they are liking what they are seeing with apple. so far, apple shareholders are disappointed. back to you. connell: if we see you at a party, we will not ask about apple. dagen: i am not talking about apple at a party. connell: i do not want to...